Animoca Brands CEO Discusses Company Success and Future Investments at the 12th Global Blockchain Congress

Animoca Brands CEO Robby Yung discussed the success of the company at the 12th Global Blockchain Congress in Dubai and announced that they will continue to invest in various initiatives to support the industry economy and to encourage the masses in the Web3 space, focusing on 2024.

Robby Yung stated that he believes the gaming sector will be the main driving force for the adoption of the Web3 sector. The company is exploring various initiatives such as incentive programs and educational courses to support creators through effective infrastructure and network effects.

NFTs designed to reinforce the shared publication rights of proprietary educational content created and shared on the TinyTap platform, an educational technology subsidiary of Animoca, are presented as Web3 tools that allow content creators to earn money on a fairer and more profitable platform.

Yung highlighted the need for a more comprehensive experience that allows creators to directly connect with their audience, addressing the lack of control and unfair revenue distribution issues on Web2 platforms for content creators.

Animoca also supports content creators’ acceptance in the Web3 space with various initiatives, such as the Mocaverse project, which develops gamification and identity systems among different Web3 applications, and through active participation in the Open Metaverse Alliance for Web3.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.